Renewal4 invests in Caboo Paper Products
PRESS RELEASE – 06/04/2021
Caboo Paper Products, a Vancouver-based tree-free household paper products brand, has completed its first outside funding round with an investment from sustainability focused venture capital firm Renewal Funds.
As a pioneering North American tree-free brand, Caboo offers household goods made from sustainably harvested bamboo and sugarcane bagasse, a waste by-product of sugar production. Paper products made from alternative fibres help combat the negative impacts of global deforestation on climate, biodiversity and indigenous communities. […]
Albert Addante, co-founder and CEO of Caboo shared “We are excited to partner with Renewal, a leading investor and partner for emerging sustainable brands. We believe tree free is the future for these products and partnering with Renewal will help grow this sustainable message further.”
The funding will support Caboo’s growth initiatives, including updated branding, strategic sales and marketing, and growing the team. […]